Jump Financial LLC Acquires Shares of 2,302 Arrow Electronics, Inc. $ARW

Key Points

• Jump Financial LLC has acquired 2,302 shares of Arrow Electronics, Inc. valued at approximately $239,000 as part of its investment strategy in the first quarter.
• CEO Sean J. Kerins increased his stake in Arrow Electronics by 7.58%, acquiring 8,630 shares for nearly $992,000.
• Arrow Electronics beat analysts' earnings expectations for the last quarter, reporting an EPS of $2.43 and record revenue of $7.58 billion.

Jump Financial LLC purchased a new position in shares of Arrow Electronics, Inc. (NYSE:ARW - Free Report) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 2,302 shares of the technology company's stock, valued at approximately $239,000.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Operose Advisors LLC acquired a new position in Arrow Electronics during the first quarter worth $31,000. Golden State Wealth Management LLC lifted its stake in shares of Arrow Electronics by 111.7% during the 1st quarter. Golden State Wealth Management LLC now owns 379 shares of the technology company's stock valued at $39,000 after buying an additional 200 shares in the last quarter. Covestor Ltd lifted its position in shares of Arrow Electronics by 14.9% in the 1st quarter. Covestor Ltd now owns 1,118 shares of the technology company's stock worth $116,000 after purchasing an additional 145 shares during the period. Exchange Traded Concepts LLC bought a new stake in shares of Arrow Electronics in the first quarter worth approximately $120,000. Finally, Lindbrook Capital LLC grew its stake in shares of Arrow Electronics by 300.5% in the first quarter. Lindbrook Capital LLC now owns 1,550 shares of the technology company's stock worth $161,000 after acquiring an additional 1,163 shares during the period. Institutional investors and hedge funds own 99.34% of the company's stock.

Arrow Electronics Trading Down 1.5%

Shares of Arrow Electronics stock traded down $1.96 on Monday, reaching $125.68. The company had a trading volume of 161,318 shares, compared to its average volume of 538,131. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.07 and a current ratio of 1.39. The firm's 50 day moving average price is $126.78 and its two-hundred day moving average price is $117.13. The firm has a market cap of $6.47 billion, a PE ratio of 14.22, a PEG ratio of 0.60 and a beta of 1.09. Arrow Electronics, Inc. has a 52-week low of $86.50 and a 52-week high of $137.80.

Arrow Electronics (NYSE:ARW - Get Free Report) last issued its quarterly earnings results on Thursday, July 31st. The technology company reported $2.43 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.03 by $0.40. The business had revenue of $7.58 billion during the quarter, compared to analyst estimates of $7.12 billion. Arrow Electronics had a net margin of 1.64% and a return on equity of 8.37%. The business's revenue was up 10.0% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $2.78 earnings per share. Arrow Electronics has set its Q3 2025 guidance at 2.160-2.360 EPS. Sell-side analysts predict that Arrow Electronics, Inc. will post 10.57 earnings per share for the current fiscal year.

Insider Buying and Selling

In other news, CEO Sean J. Kerins bought 8,630 shares of the firm's stock in a transaction that occurred on Friday, August 1st. The shares were bought at an average cost of $114.91 per share, for a total transaction of $991,673.30. Following the completion of the transaction, the chief executive officer owned 122,408 shares of the company's stock, valued at approximately $14,065,903.28. This represents a 7.58% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, SVP Carine Lamercie Jean-Claude sold 2,660 shares of the firm's stock in a transaction on Wednesday, June 11th. The stock was sold at an average price of $124.64, for a total value of $331,542.40. Following the completion of the sale, the senior vice president directly owned 17,057 shares of the company's stock, valued at $2,125,984.48. The trade was a 13.49% decrease in their position. The disclosure for this sale can be found here. 0.80% of the stock is owned by insiders.

Wall Street Analyst Weigh In

A number of research analysts have recently weighed in on the company. Bank of America raised their target price on Arrow Electronics from $105.00 to $110.00 and gave the company an "underperform" rating in a report on Monday, June 9th. Wall Street Zen upgraded shares of Arrow Electronics from a "hold" rating to a "buy" rating in a report on Saturday, July 26th. One analyst has rated the stock with a Buy rating, one has given a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, Arrow Electronics presently has an average rating of "Reduce" and a consensus target price of $115.75.

Arrow Electronics Company Profile

Arrow Electronics, Inc provides products, services, and solutions to industrial and commercial users of electronic components and enterprise computing solutions in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company operates in two segments, Global Components and Global Enterprise Computing Solutions.